by Pops » Tue 15 Jun 2010, 14:29:39
how much profit per acre a diary /beef farmer can get in your area?
It's not easy to generalize because this area is so varied soil-wise but the stats say there are .3 head/farm acre in this county including both cows and calves. This county is always one of the top calf producers in MO and Mo is only second to TX in calves.
Right now dairies are going "Teats-Up" all over the place. I think rule of thumb is milk needs to be at least 3x grain costs to break even. I think it's in the $12-$14 hwt area and corn is $3.50-$4. Not as bad as it was but what hurts now is it is really hard to get any operating money - loose lending to farmers caused the recession ya know, and after a couple really bad years people are in a bind.
There is a big push from the NRCS, Extensions, etc toward pasture based dairies in MO, lots of grass dairies coming here from New Zealand.
Land is pretty cheap here <$3k/ac, that's the main thing, still the stats say:
171ac. avg size farm
$59,000 avg income
$55,000 avg expense
Lots and lots of part time farmers here, making just enough to keep uncle sam off their backs while they pay the place down.
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
-- Abraham Lincoln, Fragment on Government (July 1, 1854)